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Daily News

Electrolux Applies for Delisting of London Stock Exchange
Dec 18, 2009
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The Board of Directors of AB Electrolux has decided to apply for delisting from the London Stock Exchange, LSE. The Electrolux B-share has been listed on the LSE since 1928.

The company said that LSE listing has been a part in a strategy to increase international ownership in Electrolux. However, it said it is no longer deemed necessary due to deregulation of international capital markets and the increased foreign ownership of shares on OMX Nasdaq Stockholm.

It is expected that the delisting will become effective during 1Q 2010.

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